What is Scotiabank’s Forecast for B2Gold FY2025 Earnings?

B2Gold Corp. (NYSE:BTG) – Analysts at Scotiabank dropped their FY2025 earnings per share estimates for shares of B2Gold in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.26 for the year, down from their prior forecast of $0.27. The consensus estimate for B2Gold’s current full-year earnings is $0.23 per share.

B2Gold (NYSE:BTG) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). B2Gold had a negative net margin of 38.42% and a positive return on equity of 7.53%. The company had revenue of $448.23 million during the quarter, compared to analyst estimates of $449.28 million. During the same quarter last year, the business earned $0.05 EPS. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year.

Other equities research analysts have also issued reports about the company. Royal Bank of Canada restated a “sector perform” rating and set a $3.75 price objective on shares of B2Gold in a research report on Tuesday, September 17th. Jefferies Financial Group raised their price objective on B2Gold from $4.00 to $5.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. Cibc World Mkts lowered B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. CIBC raised their price objective on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Finally, StockNews.com lowered B2Gold from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.12.

B2Gold Trading Up 1.6 %

Shares of NYSE BTG opened at $2.61 on Thursday. B2Gold has a one year low of $2.34 and a one year high of $3.50. The firm has a market capitalization of $3.43 billion, a PE ratio of -4.66, a PEG ratio of 0.53 and a beta of 1.09. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $2.74 and a two-hundred day moving average price of $2.89.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Old West Investment Management LLC bought a new position in B2Gold in the 3rd quarter worth approximately $670,000. FMR LLC raised its position in shares of B2Gold by 0.7% during the third quarter. FMR LLC now owns 59,489,129 shares of the company’s stock worth $183,862,000 after acquiring an additional 438,399 shares during the last quarter. Invenomic Capital Management LP bought a new stake in shares of B2Gold during the third quarter worth $2,636,000. Cubist Systematic Strategies LLC raised its position in shares of B2Gold by 133.8% during the second quarter. Cubist Systematic Strategies LLC now owns 1,977,354 shares of the company’s stock worth $5,334,000 after acquiring an additional 1,131,534 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in B2Gold by 62.0% in the third quarter. BNP Paribas Financial Markets now owns 95,482 shares of the company’s stock valued at $294,000 after purchasing an additional 36,555 shares during the last quarter. 61.40% of the stock is owned by institutional investors.

B2Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date of this dividend was Monday, December 2nd. B2Gold’s dividend payout ratio (DPR) is presently -28.57%.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.